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SKIPPER Gains 8%; BSE CAPITAL GOODS Index Up 0.7%
Mon, 14 Oct 10:9

SKIPPER Gains 8%; BSE CAPITAL GOODS Index Up 0.7%Image source: alexsl/www.istockphoto.com

SKIPPER share price has zoomed 8% and is presently trading at Rs 578.6.

Meanwhile, the BSE CAPITAL GOODS index is at 72,064.1 (up 0.7%).

Among the top gainers in the BSE CAPITAL GOODS index today are L&T (up 1.9%) and Graphite India (up 1.8%).

AIA Engineering (down 1.8%) and Thermax (down 1.1%) are among the top losers today.

Over the last one year, SKIPPER has moved up from Rs 229.6 to Rs 578.6, registering a gain of Rs 349.0 (up 152.0%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 47,809.8 to 72,064.1, registering a gain of 50.7% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 130.3%), Siemens (up 115.0%) and BHEL (up 106.9%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 81,878.4 (up 0.6%).

The top gainers among the BSE Sensex today are L&T (up 1.9%) and HDFC Bank (up 1.8%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 25,131.6 (up 0.7%). Shriram Transport and Wipro are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,079.4 to 81,878.4, registering a gain of 15,799.0 points (up 23.9%).

SKIPPER Financial Update...

SKIPPER net profit grew 125.3% YoY to Rs 316 million for the quarter ended June 2024, compared to a profit of Rs 140 million a year ago. Net sales rose 96.9% to Rs 10,917 million during the period as against Rs 5,546 million in April-June 2023.

For the year ended March 2024, SKIPPER reported 129.6% increase in net profit to Rs 817 million compared to net profit of Rs 356 million during FY23. Revenue of the company grew 65.7% to Rs 32,820 million during FY24.

The current Price to earnings ratio of SKIPPER, based on rolling 12 month earnings, stands at 70.8.


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